SpaceX playbook is beautiful because everyone tries to short it to lock in the price on their future unlocks, plus the people who think shorting a low float overvalued stock is a good short and together they become fuel for a short squeeze joined by chasers, whilst the low float ensures prices squeeze so hard because almost nobody has the underlying to cover
Extremely stressful trade because inevitably it will revert and it will revert a lot, meanwhile it won’t happen until all shorts are smoked